Category Archives: IB Tips and News
The Czech Republic to change its name to Czechia
DID YOU KNOW, the Czech Republic, the one that used to be “Czechoslovakia” up until 1989, is likely to change its name again, this time to “Czechia”.
Christmas Date Around the World
Did you know that Christmas is celebrated at different times in different parts of the world?
Inequality in 2016
2016 will be a very special year for global wealth distribution: for the first time, the wealthiest 1% will own more global wealth than the remaining 99%.
The World in 2010 vs. 2015
Commodities are 3-4 times cheaper
Capital is much cheaper 50% cheaper, investment x2
Technology up to 20 times cheaper, up to 10 times more widespread
Labor 10% more expensive, industrial robots x2
Made in Germany
Did you know…
that “Made in …” was originally introduced as a “shame” label on German products so that fewer British consumers buy them?
In 1879 Germany introduced a number of protectionist measures to reduce imports, primarily of iron and rye.
Should you buy all lottery combinations?
Adding to the largest in international history $1.6 Billion Lottery Craze For the first time ever, buying all possible tickets guarantees a wining: with only 292 million possible combinations, you need only $584 million to buy all combinations to guarantee winning the $1.6 billion.
2016 Big Mac Index
The 2016 Big Mac Index has just been published by the Economist. The Big Mac Index allows to gauge the cost of living in different countries by comparing the price of a Big Mac. The advantage of using this product as a reference point is that McDonald’s offers Big Macs virtually in all countries and…
Peach vs. Coconut Cultures
One reason cross-cultural communication is difficult Cultures could be classified along the “Peach-Coconut” continuum.
